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Home Nonfiction Biographies & Memoirs Kingfizzer : The Mallya Story
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Kingfizzer : The Mallya Story
by Kingshuk Nag
4.5
4.5 out of 5
Creators
AuthorKingshuk Nag
PublisherHarperCollins
SynopsisHe was once the King of Good Times known for his opulent lifestyle calendar shoots with bikiniclad models high stakes in an IPL team and an airline that was the last word in luxury. But the global downturn in aviation and the rising fuel prices worsened Kingfishers financial ill health. The several thousands of crores loaned to it by a consortium of banks proved insufficient to arrest the slide in its fortunes.
By early 2013 the highflying airline shut shop and closed the doors on disgruntled employees and investors none of which though made any dent in Mallyas own lifestyle as he had pilfered cash from the company and stashed it abroad. Facing charges of money laundering misappropriation and being a wilful defaulter Mallya left the country in 2016 for his country estate near London.
Kingfizzer The Mallya Story is the story of how the king lost his cheer and high spirits to be remembered for one of the biggest corporate collapses of our time.